Bank Account Verification service
Validate bank accounts and identities across Europe and South Africa
behind a payment, so you can stop fraud before any money moves. No documents required.
meet EU PSD2, AML/CTF, and South Africa's FICA, PASA, and POPIA requirements.
How does Bank Account Verification work?
Available in 29 countries
28 EU/EEA member states, South Africa, and many more in the future
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- South Africa
Why choose Bank Account Verification?
Use QES to effortlessly onboard
and sign documents across Europe
Sumsub's QES Verification provides a fully compliant pan-European customer onboarding solution that also
enables electronic document signing with the legal power of a handwritten signature.
Qualified Electronic Signatures let you onboard customers fast while following EU regulations. They
can be added to your systems using our Web and Mobile SDK.
Don't take our word for it.
Here's what clients have to say
- With Sumsub, we’ve managed to reduce user fraud to practically zero. Since we began using Sumsub, fraud is just one less thing we’ve had to worry about.
Amram AdarCo-Founder and CEO - As an online marketplace, security and safety for our users are critical issues. We needed KYC software that we could trust. Partnering with Sumsub supported our platform’s growth by allowing us to onboard many more users safely and securely.
Jonathan CookTeacher Success Manager
Need the Ideal Solution?
Choose G2's Top Pick
Compare and see how we excel beyond our competitors in key areas, as validated by user reviews on G2
FAQ
What is bank verification?
Bank verification is the process of confirming that a person's bank account details are valid and belong to them. It's a way to verify account ownership and is often done using a bank account verification service.
What is the purpose of bank account verification?
The main purpose of online bank account verification is to prevent fraud and ensure that the person claiming to own an account actually does. It helps businesses and financial institutions validate customer bank details before processing payments or transferring money.
What software is used to verify bank account?
Various bank verification software solutions are available to enable instant bank account verification. These tools connect with banks to securely confirm account details in real time.
What is the API for bank account validation?
A bank account verification API allows applications to interface with banking systems and programmatically validate account information. The API acts as a bridge between the verifying organization's software and the bank's account database.
How does Bank Account Verification work in South Africa?
In South Africa, the user selects their bank and enters their account number, national ID or passport number, and last name. With their consent, Sumsub matches these details against the bank's records through the interbank Account Verification Service and returns the result. No document uploads or bank logins are involved, and no balance or transaction data is accessed during the verification.
Which countries and regions does Sumsub’s Bank Account Verification service support?
Sumsub’s Bank Account Verification is available across 28 EU/EEA member states and in South Africa. The European check uses open banking, where the user logs into their bank to confirm ownership and share account data. The South African check is a data-matching service that confirms identity and account ownership without a bank login. Both remove the need for the user to upload documents during identity verification.